Submissions

ACSI supports proposal combining AASB, AUASB and FRC into one body and broadly supports Consultation Paper proposals, additionally providing additional recommendations to strengthen design of the combined body.

The Code’s removal of references to some of the key risks that long-term investors face (like climate change) alongside the amended definition, has the potential to imply a de-emphasis of the importance of exercising ownership rights and responsibilities.

ACSI supports the proposed amendments to the Treasury Laws Amendment Bill 2024, which are expected to enhance transparency of Australia’s financial markets.

ACSI welcomes the introduction of the Workplace Gender Equality Amendment (Setting Gender Equality Targets) Bill. Monitoring and reporting on outcomes and using targets, rather than relying only on policies, can support better practice and encourage greater progress.

ACSI welcomes the release of draft ASIC regulatory guidance and strongly supports the introduction of mandatory climate-related financial reporting, its proposed timeframe and phased implementation